Wrap Text
PGMs Production Report for the third quarter ending 30 September 2021
Anglo American Platinum Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
(“The Company" or "Anglo American Platinum")
21 October 2021
Anglo American Platinum Limited
PGMs Production Report for the third quarter ending 30 September 2021
Overview – Q3 2021 performance against prior period Q3 2020
• Safety performance – zero work-related fatalities in Q3 2021 and own-managed
operations achieved one-year fatality-free.
• Total PGMs production (expressed as 5E+Au metal-in-concentrate) was in line with
prior year Q3 2020 at 1,116,200 ounces, and 6% higher than in Q2 2021.
• Own-managed mines PGMs production of 606,300 ounces decreased by 7%, due to planned
maintenance at the Mogalakwena North concentrator, as well as the scheduled
integration and ramp-up of the Unki concentrator following completion of the
debottlenecking project. These were partly offset by strong production performances
at Amandelbult and joint operations, where output rose by 7% and 19% respectively.
• Refined PGMs production (owned production, excluding tolling) increased by 39% to
1,420,400 ounces, due to the continued robust performance of the Anglo Convertor
Plant (ACP), providing operational stability.
• PGMs sales volumes (from production, excluding sales from trading) increased by 54%
to 1,361,000 ounces due to the increase in refined production. Sales were slightly
lower than refined production, to rebuild refined metal inventory which was drawn
down following robust demand and sales earlier in the year.
• Full-year guidance for metal-in-concentrate (M&C) PGM production is unchanged at 4.2-
4.4 million ounces and refined PGM production and PGM sales volumes is unchanged at
4.8- 5.0 million ounces.
Natascha Viljoen, CEO of Anglo American Platinum, said:
“We have delivered a strong safety and production performance in the third quarter,
with our own-managed operations being fatality-free for the year to 30 September
2021. I am particularly proud of the commitment and dedication our teams across the
operations have shown in limiting the impact of Covid-19 on our employees,
communities and workplace safety, as illustrated by the significant improvement in
our safety record, including in relation to recordable injuries. However, we will not
rest until we achieve zero harm across our business.
The completion and successful integration of our debottlenecking project at Unki
demonstrates how we are maximising value from our portfolio of high-quality assets,
resulting in an annual run-rate increase of 50,000 PGMs ounces. Similarly, the strong
performance of the ACP shows the increased resilience we are embedding across our
business, with operational stability our major focus.
We are on track to achieve our production and sales targets for the year, while
carefully managing the ongoing risks posed by Covid-19 and the potential for Eskom
power outages. Our efforts to mitigate these risks include an extensive workplace
vaccination programme, with over 22,000 employees and contractors receiving at least
one vaccine dose. We have also progressed our plans to build a 100 MW solar plant at
Mogalakwena, which will progress us towards our target of achieving carbon neutrality
across our business by 2040, thereby further increasing our business resilience and
making a real difference for our stakeholders, particularly for those local to our
operations.”
Q3 Q3 YTD
Q3 Q2 Q1 Q4 Q3
vs
vs YTD YTD
vs
2021 2021 2021 2020 2020 Q3 Q2 2021 2020 YTD
M&C PGM¹ production (000 ounce)² 1,116.2 1,057.9 1,021.2 1,076.1 1,112.9 2020
— % 2021 3,195.3
6 % 2,732.8 2020
17 %
Own-managed mines 606.3 601.5 594.4 617.8 652.0 (7)% 1 % 1,802.3 1,591.6 13 %
Joint operations owned volume 113.7 107.8 100.3 99.0 95.3 19 % 5 % 321.8 240.5 34 %
Joint operations purchase of 113.7 107.8 100.3 99.0 95.3 19 % 5 % 321.8 240.5 34 %
concentrate purchase of
Third party
282.6 240.9 226.0 260.2 270.2 5 % 17 % 749.4 660.2 14 %
concentrate
Refined PGM production owned 1,420.4 1,353.7 973.0 673.1 1,020.7 39 % 5 % 3,747.1 2,039.9 84 %
(000 ounce)²
4E Toll refined production 164.6 153.8 175.9 146.5 129.4 27 % 7 % 494.2 357.0 38 %
Total refined production (owned 1,585.0 1,507.5 1,148.9 819.7 1,150.0 38 % 5 % 4,241.3 2,396.9 77 %
and toll)
PGM sales volume from production 1,361.0 1,437.1 1,131.1 754.3 884.9 54 % (5)% 3,929.2 2,114.2 86 %
(000 ounce)
Trading sales volume3 160.2 116.1 221.5 370.8 341.0 (53)% 38 % 497.7 800.2 (38)%
Total sales volume (production 1,521.2 1,553.2 1,352.6 1,125.1 1,225.9 24 % (2)% 4,426.9 2,914.4 52 %
and trading)
¹ PGM is the sum total of platinum, palladium, rhodium, iridium, ruthenium and gold ounces.
² Referencing AAP guidance.
3
Trading sales volume not produced by Anglo American Platinum operations.
Review of the quarter
Safety
Anglo American Platinum reported no work-related fatalities during the quarter at its
own-managed operations or at its non-managed joint operations. Own-managed operations
achieved one-year fatality-free to 30 September 2021.
The Total Recordable Case Frequency Rate (TRCFR) per million hours at managed
operations saw a significant improvement with a 25% reduction to 2.21 per million
hours, compared to 2.97 per million hours in the prior period. An increase in the
TRCFR in Q2 2021, linked to the consequences and instability of Covid-19, required
management intervention to arrest the decline in safety performance. The plans
implemented led to the turnaround in safety performance. The challenges are reassessed
on an ongoing basis, and plans adjusted to stay effective and create a sustained
turnaround in safety performance.
Anglo American Platinum continues its strong efforts to roll-out its Covid-19
vaccination programme across the business. As of 30 September 2021, 59% of the
workforce (including contractors) had registered to be vaccinated, with 50% having
received their first vaccination and 28% having received their second vaccination.
Metal-in-concentrate (M&C) PGM production
Total PGM production
Total PGM production remained in line with prior period (Q3 2020) at 1,116,200 ounces,
with platinum production 1% higher at 519,100 ounces, offset by a 3% decrease in
palladium production to 342,600 ounces.
PGM production from own-managed mines
Total PGM production from own-managed mines decreased by 7% to 606,300 ounces
(platinum production decreased by 6% to 277,600 ounces, while palladium production
decreased by 10% to 215,900 ounces).
Mogalakwena PGM production decreased by 12% to 276,500 ounces (platinum decreased by
11% to 116,900 ounces and palladium production decreased by 13% to 127,700 ounces).
This was largely due to planned maintenance at the Mogalakwena North concentrator
which led to a 5% reduction in tonnes milled, coupled with an 8% reduction in 4E
built-up head grade owing to lower grade material. Despite these headwinds, PGM
production year-to-date is 4% ahead of year-to-date 2020 and grade is expected to
normalise by year-end.
Amandelbult increased PGM production by 7% to 218,300 ounces (platinum production
increased by 7% to 109,500 ounces and palladium production increased by 7%, to 51,600
ounces), largely due to the implementation of improvement plans which led to a 13%
increase in tonnes milled and more than offset the decline in grade.
Mototolo PGM production decreased by 4% to 69,000 ounces (platinum production
decreased by 3% to 32,200 ounces and palladium decreased by 3% to 20,000 ounces). The
decrease was due to the impact of regional community unrest which affected production
for five days, resulting in a drawdown of lower-grade ore stockpiles to mitigate the
lower output from the mine.
At Unki, PGM production decreased by 29% to 42,500 ounces (platinum production
decreased by 30% to 19,000 ounces and palladium production decreased by 30% to 16,600
ounces), owing to the scheduled integration of the concentrator, following the
completion of the concentrator debottlenecking project. Mining performance continued
to perform well, leading to a build-up of ore tonnes ahead of the concentrator which
will be processed in 2022. The debottlenecking project should see monthly tonnes
milled increase from c.175 kilotonnes per month to c.210 kilotonnes per month,
leading to a ~50,000 PGM ounces increase per annum.
PGM production from joint operations (50% own-mined production and 50% purchase of
concentrate)
PGM production from joint operations increased by 19% to 227,400 ounces (platinum
production increased by 19% to 102,000 ounces and palladium production increased by
20% to 67,800 ounces). The increase was mainly as a result of the year-on-year
recovery from Covid-19.
Kroondal PGM production increased by 14% to 148,000 ounces (platinum and palladium
production increased by 16% to 71,000 ounces and 14% to 38,000 ounces respectively).
Modikwa PGM production increased by 30% to 80,000 ounces (platinum and palladium
production increased to 31,000 ounces and 30,000 ounces respectively).
Purchases of PGM concentrate from third parties
Purchase of PGM concentrate (POC) from third parties increased by 5% to 282,600 ounces
(platinum and palladium POC increased by 3% to 139,500 ounces and to 58,900 ounces
respectively). The increase was mainly as a result of the year-on-year recovery from
Covid-19.
Refined PGM production
Refined PGM production (from owned production, excluding tolling) increased by 39% to
1,420,400 ounces. Refined platinum production increased by 32% to 663,500 ounces and
refined palladium production rose by 30% to 459,800 ounces, with the ratio of metal in
the pipeline returning to normalised levels. The strong performance reflected the
operational stability in the ACP, following the completion of the rebuild and
recommissioning of the Phase A unit in November 2020.
The ACP Phase B rebuild is on schedule for completion in Q4 2021, subject to any
further Covid-19 impacts.
Toll refined PGM production increased by 27% to 164,600 PGM ounces.
PGM sales volumes
PGM sales volumes (excluding trading) increased by 54% to 1,361,000 ounces, as a
result of higher refined production, partially offset by the rebuild in refined metal
inventory. Platinum sales volumes increased by 42% to 637,200 ounces and palladium
sales volumes increased by 78% to 465,100 ounces.
PGM sales volumes from trading decreased 53% to 160,200 ounces, as sales from trading
activities were abnormally high in Q3 2020 to maintain supply of metal to customers,
following the impact of Covid-19 on production and the temporary closure of the ACP.
The Q3 2021 average realised basket price of $2,838 per PGM ounce reflects strong
prices compared to Q3 2020, particularly for rhodium, iridium, and ruthenium. The
basket price is lower than H1 2021, as demand impacts from lower availability of chip
shortages and therefore auto production impacted prices.
2021 full-year guidance
PGM production guidance (metal-in-concentrate) remains unchanged at 4.2? 4.4 million
PGM ounces.
Refined PGM production (excluding tolling) guidance and PGM sales guidance (excluding
trading activities) remains unchanged at 4.8? 5.0 million PGM ounces.
Guidance is subject to the consequences of Covid-19 and Eskom power outages in Q4
2021.
Q3 Q3 YTD 2021
Q3 Q2 Q1 Q4 Q3 2021
vs 2021
vs YTD YTD vs
2021 2021 2021 2020 2020 Q3 Q2 2021 2020 YTD 2020
2020 2021
Safety
Fatalities - own managed number 0 0 0 0 1 (100)% 0 1 (100)%
operations
Total recordable injury /million 2.21 2.92 2.53 2.25 2.97 (25)% (24)% 2.55 2.45 4 %
frequency rate hrs
Total M&C PGM production 000 oz 1,116.2 1,057.9 1,021.2 1,076.1 1,112.9 — % 6 % 3,195.3 2,732.8 17 %
Platinum 000 oz 519.1 488.3 468.0 497.8 516.5 1 % 6 % 1,475.4 1,265.0 17 %
Palladium 000 oz 342.6 334.4 330.5 338.4 352.2 (3)% 2 % 1,007.6 883.7 14 %
Tonnes milled 000 7,111.7 7,169.5 6,707.0 6,736.4 6,951.6 2 % (1)% 20,988.3 18,115.1 16 %
4E Built-up head grade g/t 3.47 3.49 3.54 3.67 3.65 (5)% (1)% 3.50 3.52 (1)%
Own mined volume
Total mined production
Total M&C PGM production 000 oz 720.0 709.3 694.7 716.8 747.3 (4)% 2 % 2,124.1 1,832.1 16 %
Platinum 000 oz 328.6 323.0 312.3 324.7 337.8 (3)% 2 % 963.9 826.1 17 %
Palladium 000 oz 249.8 253.2 254.3 256.0 266.8 (6)% (1)% 757.4 673.1 13 %
Tonnes milled 000 7,111.7 7,169.5 6,707.0 6,736.3 6,951.5 2 % (1)% 20,988.2 18,115.2 16 %
4E Built-up head grade g/t 3.47 3.49 3.54 3.67 3.65 (5)% (1)% 3.50 3.52 (1)%
Own managed mines
Total M&C PGM production 000 oz 606.3 601.5 594.4 617.8 652.0 (7)% 1 % 1,802.3 1,591.6 13 %
Platinum 000 oz 277.6 274.5 267.5 279.6 295.1 (6)% 1 % 819.6 718.8 14 %
Palladium 000 oz 215.9 221.7 224.4 227.9 238.6 (10)% (3)% 662.1 601.7 10 %
Tonnes milled 000 6,192.2 6,262.6 5,894.6 5,928.8 6,189.9 — % (1)% 18,349.4 16,162.8 14 %
4E Built-up head grade g/t 3.43 3.47 3.52 3.67 3.64 (6)% (1)% 3.47 3.49 — %
Mogalakwena mine
Total M&C PGM production 000 oz 276.5 308.4 328.9 306.7 315.0 (12)% (10)% 913.8 874.9 4 %
Platinum 000 oz 116.9 131.0 138.0 129.5 132.0 (11)% (11)% 385.9 371.3 4 %
Palladium 000 oz 127.7 142.9 152.0 141.7 146.0 (13)% (11)% 422.6 403.6 5 %
Tonnes milled 000 3,441.1 3,676.7 3,553.0 3,367.2 3,612.9 (5)% (6)% 10,670.8 10,164.0 5 %
4E Built-up head grade g/t 3.05 3.26 3.39 3.46 3.31 (8)% (7)% 3.24 3.27 (1)%
Amandelbult mine
Total M&C PGM production 000 oz 218.3 185.3 156.0 185.5 204.8 7 % 18 % 559.6 422.6 32 %
Platinum 000 oz 109.5 94.4 79.9 93.4 102.8 7 % 16 % 283.8 213.7 33 %
Palladium 000 oz 51.6 42.9 35.6 44.0 48.3 7 % 20 % 130.2 99.1 31 %
Tonnes milled 000 1,587.3 1,455.1 1,243.1 1,365.0 1,404.8 13 % 9 % 4,285.5 3,150.9 36 %
4E Built-up head grade g/t 4.33 4.13 4.04 4.31 4.59 (6)% 5 % 4.18 4.24 (1)%
Unki mine
Total M&C PGM production 000 oz 42.5 47.9 50.9 55.8 60.0 (29)% (11)% 141.4 140.3 1 %
Platinum 000 oz 19.0 21.5 22.6 24.6 27.0 (30)% (12)% 63.1 62.7 1 %
Palladium 000 oz 16.6 18.7 20.0 22.0 23.6 (30)% (11)% 55.3 55.3 — %
Tonnes milled 000 468.0 502.2 521.3 550.4 515.4 (9)% (7)% 1,491.6 1,409.3 6 %
4E Built-up head grade g/t 3.52 3.45 3.52 3.62 3.65 (4)% 2 % 3.50 3.56 (2)%
Mototolo mine
Total M&C PGM production 000 oz 69.0 59.9 58.6 69.8 72.2 (4)% 15 % 187.5 153.8 22 %
Platinum 000 oz 32.2 27.6 27.0 32.1 33.3 (3)% 17 % 86.8 71.1 22 %
Palladium 000 oz 20.0 17.2 16.8 20.2 20.7 (3)% 16 % 54.0 43.7 24 %
Tonnes milled 000 695.8 628.6 577.2 646.2 656.8 6 % 11 % 1,901.5 1,438.6 32 %
4E Built-up head grade g/t 3.23 3.13 3.20 3.40 3.41 (5)% 3 % 3.19 3.31 (4)%
Joint operations mined
production
Total M&C PGM production 000 oz 113.7 107.8 100.3 99.0 95.3 19 % 5 % 321.8 240.5 34 %
Platinum 000 oz 51.0 48.5 44.8 45.1 42.7 19 % 5 % 144.3 107.3 34 %
Palladium 000 oz 33.9 31.5 29.9 28.1 28.2 20 % 8 % 95.3 71.4 33 %
Tonnes milled 000 919.5 906.9 812.4 807.5 761.6 21 % 1 % 2,638.8 1,952.4 35 %
4E Built-up head grade g/t 3.68 3.64 3.70 3.67 3.75 (2)% 1 % 3.68 3.78 (3)%
Modikwa mine
Total M&C PGM production 000 oz 39.8 34.3 35.9 24.9 30.7 30 % 16 % 110.1 82.5 33 %
Platinum 000 oz 15.6 13.5 14.0 9.8 12.0 30 % 16 % 43.1 32.3 33 %
Palladium 000 oz 15.0 12.9 13.5 9.3 11.6 29 % 16 % 41.4 31.2 33 %
Tonnes milled 000 310.7 285.7 287.5 204.4 246.9 26 % 9 % 883.9 626.6 41 %
4E Built-up head grade g/t 3.93 3.76 3.89 3.78 3.84 3 % 5 % 3.86 4.00 (3)%
Kroondal mine
Total M&C PGM production 000 oz 73.9 73.4 64.4 74.1 64.6 14 % 1 % 211.7 158.0 34 %
Platinum 000 oz 35.4 35.0 30.8 35.3 30.6 16 % 1 % 101.2 75.0 35 %
Palladium 000 oz 18.9 18.6 16.3 18.9 16.6 14 % 2 % 53.9 40.3 34 %
Tonnes milled 000 608.9 621.2 524.9 603.2 514.8 18 % (2)% 1,754.9 1,325.8 32 %
4E Built-up head grade g/t 3.56 3.59 3.60 3.63 3.70 (4)% (1)% 3.58 3.68 (3)%
Q3 2021 Q3 2021 YTD
Q3 Q2 Q1 Q4 Q3 vs vs YTD YTD 2021
vs
2021 2021 2021 2020 2020 Q3 2020 Q2 2021 2021 2020 YTD
Purchase of concentrate 2020
Total purchase of
concentrate
PGM production 000 oz 396.3 348.7 326.3 359.2 365.5 8 % 14 % 1,071.2 900.7 19 %
Platinum 000 oz 190.5 165.3 155.7 173.1 178.7 7 % 15 % 511.5 438.8 17 %
Palladium 000 oz 92.8 81.2 76.2 82.4 85.4 9 % 14 % 250.2 210.6 19 %
Joint operations purchase
of concentrate
PGM production 000 oz 113.7 107.8 100.3 99.0 95.3 19 % 5 % 321.8 240.5 34 %
Platinum 000 oz 51.0 48.5 44.8 45.1 42.7 19 % 5 % 144.3 107.3 34 %
Palladium 000 oz 33.9 31.5 29.9 28.1 28.2 20 % 8 % 95.3 71.4 33 %
Third party purchase of
concentrate
PGM production 000 oz 282.6 240.9 226.0 260.2 270.2 5 % 17 % 749.4 660.2 14 %
Platinum 000 oz 139.5 116.8 110.9 128.0 136.0 3 % 19 % 367.2 331.6 11 %
Palladium 000 oz 58.9 49.7 46.3 54.3 57.2 3 % 19 % 154.9 139.2 11 %
Refined PGM production
Refined PGM production -
owned
PGM ounces 000 oz 1,420.4 1,353.7 973.0 673.1 1,020.7 39 % 5 % 3,747.1 2,039.9 84 %
Platinum 000 oz 662.8 625.8 457.8 296.4 503.8 32 % 6 % 1,746.4 904.6 93 %
Palladium 000 oz 459.8 427.5 317.0 206.8 354.1 30 % 8 % 1,204.3 698.5 72 %
Rhodium 000 oz 92.2 94.2 63.0 47.1 48.9 89 % (2) % 249.5 126.9 97 %
Minor PGMs and gold 000 oz 205.5 206.2 135.2 122.9 113.9 80 % — % 546.9 309.9 76 %
Base metal production -
owned
Nickel tonnes 5,912.8 5,837.6 4,848.0 3,709.4 5,038.7 17 % 1 % 16,598.3 10,164.7 63 %
Copper tonnes 3,632.5 3,338.0 3,672.6 2,974.2 2,838.1 28 % 9 % 10,643.1 7,385.2 44 %
Chrome 000 t 284.6 225.3 188.4 229.1 295.8 (4) % 26 % 698.3 556.7 25 %
Toll refined production
Total 4E toll refined 000 oz 164.6 153.8 175.9 146.5 129.4 27 % 7 % 494.2 357.0 38 %
production
Platinum 000 oz 98.3 92.5 105.7 89.2 75.7 30 % 6 % 296.5 212.7 39 %
Palladium 000 oz 50.9 46.4 53.4 46.3 35.5 43 % 10 % 150.7 105.9 42 %
PGM Sales volume
PGM Sales volume from
production
PGM ounces 000 oz 1,361.0 1,437.1 1,131.1 754.3 884.9 54 % (5) % 3,929.2 2,114.2 86 %
Platinum 000 oz 637.2 662.5 434.7 311.2 448.5 42 % (4) % 1,734.4 884.1 96 %
Palladium 000 oz 465.1 462.1 267.2 258.2 261.7 78 % 1 % 1,194.4 645.1 85 %
Trading sales volume4
PGM ounces 000 oz 160.2 116.1 221.5 370.8 341.0 (53) % 38 % 497.7 800.2 (38) %
Platinum 000 oz 96.1 36.0 101.9 176.3 105.0 (8) % 167 % 234.0 251.2 (7) %
Palladium 000 oz 57.8 74.4 101.3 172.8 214.6 (73) % (22) % 233.5 506.9 (54) %
Realised prices and
exchange
Platinum rate (US$/oz) 1,031 1,189 1,142 862 900 15 % (13) % 1,119 887 26 %
Palladium (US$/oz) 2,519 2,767 2,424 2,341 2,160 17 % (9) % 2,594 2,163 20 %
Rhodium (US$/oz) 18,346 26,758 20,224 14,430 9,851 86 % (31) % 22,003 9,119 141 %
Iridium (US$/oz) 4,889 5,966 4,465 1,751 1,634 199 % (18) % 5,227 1,549 237 %
Ruthenium (US$/oz) 652 519 292 246 246 165 % 26 % 417 242 72 %
Gold (US$/oz) 1,780 1,821 1,737 1,855 1,897 (6) % (2) % 1,786 1,725 4 %
Average FX achieved on ZAR/US$ 14.67 14.09 14.96 15.80 16.84 (13) % 4 % 14.50 16.60 (13) %
sales
US$ basket price per PGM (US$/oz) 2,838 3,407 2,219 2,503 1,747 62 % (17) % 2,868 1,869 53 %
ounce
ZAR basket price per PGM (ZAR/oz) 41,675 47,865 33,184 39,569 29,595 41 % (13) % 41,495 31,090 33 %
ounce
US$ basket price per (US$/oz) 6,062 7,390 5,774 6,067 3,447 76 % (18) % 6,497 4,468 45 %
Platinum ounce
ZAR basket price per (ZAR/oz) 89,011 103,837 86,348 95,917 58,388 52 % (14) % 94,006 74,346 26 %
4
Platinum ounce
Trading sales volume - not produced by Anglo American Platinum operations.
Sponsor:
Merrill Lynch South Africa Proprietary Limited
For further information, please contact:
Investors: Media:
Emma Chapman Nomonde Ndwalaza
(SA) +27 (0) 11 373 6239 (SA) +27 (0) 11 638 0228
emma.chapman@angloamerican.com nomonde.ndwalaza@angloamerican.com
Notes to editors:
Anglo American Platinum Limited is a member of the Anglo American plc Group and is a
leading primary producer of platinum group metals. The company is listed on the
Johannesburg Securities Exchange (JSE). Its mining, smelting and refining operations
are based in South Africa. Elsewhere in the world, the Group owns Unki Platinum Mine
and smelter in Zimbabwe. Anglo American Platinum has two joint operations with several
historically disadvantaged South African consortia as part of its commitment to the
transformation of the mining industry. Anglo American Platinum is committed to the
highest standards of safety and continues to make a meaningful and sustainable
difference in the development of the communities around its operations.
www.angloamericanplatinum.com
Anglo American is a leading global mining company and our products are the essential
ingredients in almost every aspect of modern life. Our portfolio of world-class
competitive operations, with a broad range of future development options, provides many
of the future-enabling metals and minerals for a cleaner, greener, more sustainable
world and that meet the fast growing every day demands of billions of consumers. With
our people at the heart of our business, we use innovative practices and the latest
technologies to discover new resources and to mine, process, move and market our future-
enabling products to our customers – safely and sustainably.
As a responsible producer of diamonds (through De Beers), copper, platinum group metals,
premium quality iron ore and metallurgical coal for steelmaking, and nickel – with crop
nutrients in development – we are committed to being carbon neutral across our operations
by 2040. More broadly, our Sustainable Mining Plan commits us to a series of stretching
goals to ensure we work towards a healthy environment, creating thriving communities
and building trust as a corporate leader. We work together with our business partners
and diverse stakeholders to unlock enduring value from precious natural resources for
the benefit of the communities and countries in which we operate, for society as a
whole, and for our shareholders. Anglo American is re-imagining mining to improve
people’s lives.
www.angloamerican.com
8
Date: 21-10-2021 08:00:00
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